Board Change • 18h
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Badrul Khan is the most experienced director on the board, commencing their role in 2022. Independent Director Zareen Rahman was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 공시 • Apr 27
Khulna Power Company Ltd. to Report Q3, 2026 Results on Apr 29, 2026 Khulna Power Company Ltd. announced that they will report Q3, 2026 results on Apr 29, 2026 공시 • Jan 25
Khulna Power Company Ltd. to Report Q2, 2026 Results on Jan 28, 2026 Khulna Power Company Ltd. announced that they will report Q2, 2026 results on Jan 28, 2026 공시 • Nov 10
Khulna Power Company Ltd. to Report Q1, 2026 Results on Nov 13, 2025 Khulna Power Company Ltd. announced that they will report Q1, 2026 results on Nov 13, 2025 공시 • Oct 29
Khulna Power Company Ltd. announces Annual dividend, payable on January 27, 2026 Khulna Power Company Ltd. announced Annual dividend of BDT 0.5000 per share payable on January 27, 2026, ex-date on November 19, 2025 and record date on November 18, 2025. 공시 • Oct 28
Khulna Power Company Ltd., Annual General Meeting, Dec 28, 2025 Khulna Power Company Ltd., Annual General Meeting, Dec 28, 2025, at 11:00 Central Asia Standard Time. Location: hybrid system and at the conference hall, of united international university (uiu), madani avenue, dhaka 1212, united Bangladesh 공시 • Oct 21
Khulna Power Company Ltd. to Report Fiscal Year 2025 Results on Oct 27, 2025 Khulna Power Company Ltd. announced that they will report fiscal year 2025 results on Oct 27, 2025 공시 • Apr 28
Khulna Power Company Ltd. to Report Q3, 2025 Results on Apr 30, 2025 Khulna Power Company Ltd. announced that they will report Q3, 2025 results on Apr 30, 2025 공시 • Jan 27
Khulna Power Company Ltd. to Report Q2, 2025 Results on Jan 29, 2025 Khulna Power Company Ltd. announced that they will report Q2, 2025 results on Jan 29, 2025 공시 • Nov 11
Khulna Power Company Ltd. to Report Q1, 2025 Results on Nov 14, 2024 Khulna Power Company Ltd. announced that they will report Q1, 2025 results on Nov 14, 2024 Declared Dividend • Oct 30
Dividend of ৳1.00 announced Dividend of ৳1.00 is the same as last year. Ex-date: 19th November 2024 Payment date: 28th January 2025 Dividend yield will be 8.8%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is not covered by earnings (305% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 239% to bring the payout ratio under control. However, EPS has declined by 42% over the last 5 years so the company would need to reverse this trend. 공시 • Oct 29
Khulna Power Company Ltd. Recommends Cash Dividend for the Year Ended June 30, 2024 The Board of Directors of Khulna Power Company Ltd. has recommended 10% cash dividend for all the shareholders for the year ended June 30, 2024. The total amount of Cash Dividend payable to the General Public Shareholders is BGT 119,262,051.00. 공시 • Oct 28
Khulna Power Company Ltd., Annual General Meeting, Dec 29, 2024 Khulna Power Company Ltd., Annual General Meeting, Dec 29, 2024, at 11:00 Central Asia Standard Time. 공시 • Oct 21
Khulna Power Company Ltd. to Report Fiscal Year 2024 Results on Oct 27, 2024 Khulna Power Company Ltd. announced that they will report fiscal year 2024 results on Oct 27, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ৳9.30, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 8x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ৳13.80, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 9x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ৳21.60, the stock trades at a trailing P/E ratio of 65.8x. Average trailing P/E is 9x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 42% over the past three years. Reported Earnings • Jun 26
Third quarter 2024 earnings released: ৳0.10 loss per share (vs ৳0.06 loss in 3Q 2023) Third quarter 2024 results: ৳0.10 loss per share (further deteriorated from ৳0.06 loss in 3Q 2023). Revenue: ৳130.0m (down 87% from 3Q 2023). Net loss: ৳38.7m (loss widened 67% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 06
Second quarter 2024 earnings released: ৳0.12 loss per share (vs ৳0.03 loss in 2Q 2023) Second quarter 2024 results: ৳0.12 loss per share (further deteriorated from ৳0.03 loss in 2Q 2023). Revenue: ৳365.0m (down 53% from 2Q 2023). Net loss: ৳47.6m (loss widened 293% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. New Risk • Nov 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 55% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (৳10.6b market cap, or US$95.6m). Upcoming Dividend • Nov 14
Upcoming dividend of ৳1.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 21 November 2023. Payment date: 28 January 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (6.0%). 공시 • Nov 13
Khulna Power Company Ltd. to Report Q1, 2024 Results on Nov 14, 2023 Khulna Power Company Ltd. announced that they will report Q1, 2024 results on Nov 14, 2023 공시 • Oct 31
Khulna Power Company Ltd. Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Khulna Power Company Ltd. has recommended 10% cash dividend for all the shareholders for the year ended June 30, 2023. 공시 • Oct 30
Khulna Power Company Ltd., Annual General Meeting, Dec 28, 2023 Khulna Power Company Ltd., Annual General Meeting, Dec 28, 2023, at 05:00 Coordinated Universal Time. 공시 • Oct 20
Khulna Power Company Ltd. to Report Fiscal Year 2023 Results on Oct 26, 2023 Khulna Power Company Ltd. announced that they will report fiscal year 2023 results on Oct 26, 2023 공시 • Oct 19
Khulna Power Company Ltd. Declares Cash Dividend for the Year Ended on 30Th June 2023 The Company has informed that the Board of Directors of United Payra Power Ltd. (UPPL), a 35% associate company of Khulna Power Company Ltd. (KPCL), in its meeting held on 18th October 2023 has declared cash dividend of BDT 2.00 per share of Tk. 10 each, amounting BDT 231,770,000 (Entitlement of KPCL) based on the audited financial statements for the year ended on 30th June 2023 of UPPL. Upcoming Dividend • Nov 17
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 24 November 2022. Payment date: 29 January 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.8%. Within top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (6.2%). 공시 • Nov 01
Khulna Power Company Ltd. Recommends Cash Dividend for the Year Ended June 30, 2022 Khulna Power Company Ltd. recommended 10% cash dividend only for general shareholders and 8% cash dividend for Sponsors and Directors for the year ended June 30, 2022. 공시 • Apr 25
Excelerate Global Operations LLC signed an agreement to acquire 110MW barge mounted power plant in Bangladesh from Khulna Power Company Ltd. (DSE:KPCL) for $15 million. Excelerate Global Operations LLC signed an agreement to acquire 110MW barge mounted power plant in Bangladesh from Khulna Power Company Ltd. (DSE:KPCL) for $15 million on April 25, 2022. The transaction is subject to approval of the authorities concerned. Reported Earnings • Feb 05
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: ৳0.18 loss per share (down from ৳1.57 profit in 1H 2021). Revenue: ৳0 (down 100% from 1H 2021). Net loss: ৳71.3m (down 111% from profit in 1H 2021). Profit margin: (down from 18% in 1H 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 24
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ৳1.05 (up from ৳0.67 in 3Q 2020). Revenue: ৳1.41b (up 22% from 3Q 2020). Net income: ৳418.9m (up 57% from 3Q 2020). Profit margin: 30% (up from 23% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 20% per year. Upcoming Dividend • Nov 16
Upcoming dividend of ৳1.25 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 27 January 2022. Trailing yield: 3.7%. Within top quartile of Bangladeshi dividend payers (3.0%). Lower than average of industry peers (5.9%). Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 15% share price gain to ৳47.70, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 46% over the past three years. 공시 • May 24
Khulna Power Company Ltd. Announces Shutdown of Two Plants The Company has informed that the tenure of existing Power Purchase Agreement (PPA) of KPC Unit II 115 MW Plant and KPC 40MW; Noapara Plant of Khulna Power Company Limited (KPCL) is going to expire on 31 May 2021 and 28 May 2021 respectively. Accordingly, Bangladesh Power Development Board has instructed by its letter to shut down of KPC Unit II 115MW and KPC 40MW Noapara Plant from 1 June 2021 and 29 May 2021 respectively. The company also has informed that persuasion for renewal of PPAs for the mentioned power Plants is ongoing. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 16% share price gain to ৳38.50, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 13x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 5.1% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ৳38.50, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 13x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 6.8% over the past three years. Is New 90 Day High Low • Jan 05
New 90-day high: ৳48.50 The company is up 3.0% from its price of ৳47.30 on 07 October 2020. The Bangladeshi market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is flat over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: ৳45.30 The company is down 4.0% from its price of ৳47.30 on 30 July 2020. The Bangladeshi market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 19% over the same period.